Nilekani said digital challenges were pervading every space spanning media, entertainment, healthcare financial services, retail or pharmaceuticals.
"The digital technology is bringing new ways of doing business, of using the latest technology, leveraging the Internet of Things (IoT) and letting data point the way to creating new kinds of customer experience," he said.
Noting that digital technology gave the outsourcing firm the opportunity to do something different and help businesses deal with increasing digitization for their transformation, the Chairman said he was convinced that there was no better time than now to strategically chart its own journey as a company as well.
"The first thing we did was to get our strategy right. Under the leadership of our new Chief Executive Salil Parekh, we took stock of our capabilities, the areas we need to strengthen and discussed with our clients the best we to steer forward. Our strategic clarity is beginning to drive everything we do."
Assuring the investors that the company had taken several steps to bring back stability, Nilekani said a stable board was in place with a capable management team and thousands of Infoscions.
"When I stepped for the second time into Infosys in August 2017, one of the concerns raised by you (investors) was about the company's stability. We have (a) very stable board, everybody is united and we are on the verge of something momentous. The focus is on execution," Nilekani added.